well wolv , there is the macro position which is negative at present , and of course there has been no news and we would not expect any leading into the option exercise and the end of this month . Add to that the options pressure and the hiatus in news and the stock falls on its own weight . I sense that we will see softness over the next week to two weeks and then we will see a reversal .
It seems to have gapped down today and that we may have bottomed , only my opinion of course and I feel that we will see a reversal over the course of the next two weeks as it seems oversold here given the fundamentals .
But it is never any fun when the SP drops and we are all feeling it . , I have been there many times and earlier in the life of this stocks so I will be patient and hold as I feel that this stock has the credentials to recover quickly and significantly as we have seen before and it seems good buying here . IMO . GLTA .
IHL Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held
